Recovery
6. If it is proved that any property which, or the right to of properly transfer which, is transferred to or vested in the Administrator
from Adminis- trator.
Transfer of stocks etc. by Adminis- trator.
Property vested in Adminis
trator not liable to attach-
ment etc.
Persons not to deal with property.
under these regulations was not German enemy property the owner thereof shall be entitled to recover the property from the Administrator, or if it has been sold the proceeds of sale thereof, but shall not be entitled to any other remedy.
7. (1) The Administrator shall not be bound by any provi- sion in any article of association, by-law or other rule governing a company or other body which restricts the right to transfer shares, stocks or other securities or imposes any conditions as to the price at which, or the person to whom, shares, stock or other securities are to be offered or sold.
(2) Where in exercise of the powers conferred on him the Administrator executes a transfer of any shares, stock or securities the company or other body in whose book the shares, stock or securities are registered shall, upon the receipt of the transfer so executed by the Administrator and upon being required by him so to do, register the shares, stock or securities in the name of the Administrator or other transferee notwithstanding any regulation or stipulation of the company or other body, and not- withstanding that the Administrator is not in possession of the certificate, scrip or other document of title relating to the shares, stock or securities transferred: but such registration shall be without prejudice to any lien or charge in favour of the company or other body, or to any other lien or charge of which the Administrator or a Custodian has notice.
8. No property which, or the right to transfer which, is transferred to or vested in the Administrator shall be liable to be attached or taken in execution.
9. (1) Except in accordance with the foregoing provisions of this Part of these regulations, or with the consent of the Administrator, no person other than a Custodian shall transfer, dispose of or otherwise deal with any German enemy property; and any transfer, disposal or dealing in contravention of this paragraph shall be void.
(2) If any person called upon to pay any money or to transfer or deal with any property has reason to suspect that the money or property is German enemy property, he shall, before
paying, transferring or dealing with the money or property, furnish particulars thereof to the Administrator and shall comply with any directions that the Administrator may give with respect thereto.
(3) Nothing in this regulation shall prohibit or restrict the transfer or disposal of or dealing with any property or the pay- ment of any money-
(a) by or to a Custodian, or
(b) in accordance with any direction, or with the consent,
of the Governor.
10. (1) Where any right or interest in the estate of a Adminis deceased person is German enemy property, the Administrator trator may act in the administration of the estate, and the court having adminis-
acting as jurisdiction to grant letters of administration of the estate may trator of
estate. grant such letters to the Administrator by the name of the Administrator of German Enemy Property and, for that purpose, the court shall consider the Administrator as in law entitled equally with any other person or class of persons to obtain the grant of letters of administration.
(2) The Administrator shall be treated as, and shall have the powers of a trust corporation for all the purposes of the Trustee Ordinance.
(Cap. 29).
culars of
11. (1) Every person who at or after the coming into opera- Furnish- tion of these regulations, holds, controls or manages property ing parti- which is, or any right to or interest in which is, German enemy property. property shall, unless particulars thereof have before the coming into operation of these regulations been furnished to a Custodian, within three months from the date on which these regulations come into operation, or from the date when the property, right or interest becomes German enemy property, whichever is the later, by nolice in writing furnish particulars thereof to the Administrator and shall furnish the Administrator with such further information in relation thereto as the Administrator may require.
(2) Every company incorporated in the Colony and every company which, though not incorporated in the Colony, has a share transfer or share registration office in the Colony, shall, unless particulars thereof have already been furnished to 3